World Bank Calls for ‘Radical’ Debt Transparency in Developing Nations
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LN24 / 5 months
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The World Bank has called for a sweeping overhaul in how developing countries and their creditors report and manage debt, urging what it described as “radical debt transparency” to avert growing financial instability. In a report released Friday, the Bank expressed concern over the increasing complexity and opacity of sovereign borrowing, especially in low- and […]